Mortgage Rates 04-24-17

Markets have been transfixed by this weekend's French election. If Le Pen wins, the apparent reaction will be good for bonds and bad for stocks, she's seen as a potential risk to the long-term stability of the European Union. It's not her political agenda, but simply the fact that she'd be another success story for global populist sentiment--not exactly what the EU needs if it's going to enjoy years of unfettered bureaucracy.